Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Expands By 234.3%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 41,925 shares, an increase of 234.3% from the May 14th total of 12,543 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 298,215 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DBOEY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a research report on Friday, May 1st. Oddo Bhf raised Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Deutsche Boerse Stock Down 0.3%

OTCMKTS DBOEY traded down $0.08 during trading hours on Thursday, hitting $28.30. 57,528 shares of the company were exchanged, compared to its average volume of 337,423. Deutsche Boerse has a 52 week low of $23.25 and a 52 week high of $32.78. The stock has a market cap of $50.97 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 1.84 and a beta of 0.43. The stock has a 50-day moving average price of $29.57 and a 200 day moving average price of $27.30.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. Deutsche Boerse had a net margin of 32.67% and a return on equity of 19.99%. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.90 billion. As a group, sell-side analysts anticipate that Deutsche Boerse will post 1.42 earnings per share for the current year.

About Deutsche Boerse

Deutsche Börse AG is a Germany?based provider of marketplace infrastructure, trading technology and post?trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post?trade and custody services provided by Clearstream.